How much is my home worth in Sunshine Vic 3020

12 October 2023

Sunshine, a vibrant suburb in the western part of Melbourne, offers a unique blend of rich history, cultural diversity, and a thriving community. With its excellent transport links, amenities, and affordable housing options, Sunshine is an attractive destination for families and individuals alike.

The current median house price in Sunshine is $815,500 as of 13^th September 2023. Within the last 12 months there have been 74 properties sold with 1148 active buyers looking to buy in the area.

House prices and rent returns in Sunshine.

2 bedroom home $700,000; Rent per week $390
3 bedroom home $817,000; Rent per week $420
4 bedroom home $955,000; Rent per week $535

Unit prices and rent returns in Sunshine.

1 bedroom unit $417,000; Rent per week $275
2 bedroom unit $429,000; Rent per week $365
3 bedroom unit $644,000; Rent per week $450

*Data sourced from realestate.com.au

Free Real Estate Appraisal Sunshine

Selling your house in Sunshine? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location to amenities, schools and shops. Our agents will provide this valuation free of charge.

Free Rental Appraisal Sunshine

Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team already manages a large portfolio of commercial and residential properties. There is no scenario we have not dealt with when it comes to managing real estate. We use the latest software tools to streamline our services. We deal directly with the rental provider and keep them up to speed with their rental property.

Lifestyle in Sunshine

Sunshine covers an approximate area of 4.7 square kilometres and boasts 18 parks, which collectively occupy nearly 8.7% of its total expanse. In 2011, the population of Sunshine was recorded at 8,837 residents, and by 2016, it had grown to 9,755, indicating a notable population increase of 10.4% during that period.

The most prominent age group in Sunshine falls within the 30-39 years range. The majority of households in this suburb consist of couples with children and typically have monthly mortgage repayments ranging from $1,800 to $2,399. The primary occupational category among Sunshine residents is in the professional sector.

In 2011, 61.6% of the homes in Sunshine were owner-occupied, and this figure slightly decreased to 55.8% in 2016. Currently, the median sales price of houses in the area stands at $820,000, reflecting the evolving real estate landscape in Sunshine.

Schools in Sunshine
There are 5 schools in Sunshine